The recently passed federal tax cut seems perilous for the United States government and economy. But even as some financial commentators have for years predicted chaos in the U.S. financial system resulting from soaring federal deficits, the government and the economy move forward with little disturbance. Washington, it appears, has adopted a new set of financial assumptions and they seem to be working.

I think, by mistake they fell into this theory.

Source: Is Washington tacitly operating under a new monetary theory? – Resilience

No ratings yet.

Leave a Reply